2022 MKD to MVR Historical Review

YEARLY HIGH

0.2877 MVR

YEARLY LOW

0.2418 MVR

YEARLY AVERAGE

0.2640 MVR

2022 MKD to MVR Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2022

During 2022, the MKD to MVR exchange rate experienced significant fluctuation. The market reached its absolute peak on February 6, valuing the pair at 0.2877. Conversely, the yearly low was recorded on September 27, dropping to 0.2418.

This high-to-low spread represents a total annual volatility of 0.0459 MVR. From a start-to-finish perspective, comparing the January average rate of 0.2838 to the December average rate of 0.2642, the exchange rate registered a net change of -6.93% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2022 high of 0.2877 was down 6.70% compared to the 2021 peak of 0.3083, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 MKD based on timing:

Yearly Peak High 1,438 MVR

2021 Average 1,482 MVR

Yearly Trough Low 1,209 MVR

Transaction Impact: A difference of 229.48 MVR purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2022.

0.2880

0.2425

JanuMarcMayJulySeptNove

MKD to MVR Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.2742, compared to 0.2537 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0204 points.

H1 Avg (Jan–Jun) 0.2742

H2 Avg (Jul–Dec) 0.2537

Volatility Range Comparison

Volatility

The most volatile month in 2022 was November, with a trading range of 0.0139 MVR (High: 0.2601 / Low: 0.2462). On the other end, February was the most stable month, with a tight range of 0.0068 MVR (High: 0.2877 / Low: 0.2809).

November Spread (Volatile) ±0.0139

February Spread (Stable) ±0.0068

Growth Streaks & Declines

Trends

Between October and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.0098 points.

Longest Streak 2 Mo.

Sharpest MoM Drop -0.0098

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2022: 0.2842) against the same month in 2021 (average: 0.3023), the exchange rate shifted by -0.0181 (-5.98%).

2022 Avg (February) 0.2842

2021 Avg (February) 0.3023

Monthly Breakdown

Statistical summary for each calendar month.

Month	High	Low	Average
January	0.2873	0.2795	0.2838
February	0.2877	0.2809	0.2842
March	0.2791	0.2722	0.2759
April	0.2775	0.2643	0.2714
May	0.2702	0.2608	0.2651
June	0.2707	0.2603	0.2647
July	0.2604	0.2512	0.2549
August	0.2575	0.2478	0.2529
September	0.2554	0.2418	0.2489
October	0.2501	0.2433	0.2463
November	0.2601	0.2462	0.2553
December	0.2670	0.2594	0.2642